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In a move that has stirred the cryptocurrency community, Mt. Gox, the notorious exchange that halted withdrawals in 2014 after a massive hacking incident, has recently sent 24,052 BTC, worth about $2.43 billion, to a new wallet labeled “1N7jW.” The timing of the transaction seems rather auspicious, occurring just as Bitcoin itself was breaking through … Read more
According to Arkham Intelligence and onchain analytics, custodians overseeing Mt Gox’s bitcoin holdings have transferred 11,833.64 BTC, valued at over $1 billion based on prevailing bitcoin prices. The substantial bitcoin (BTC) transaction occurred Wednesday at block height 886,484, involving precisely 11,833.64 BTC, equating to roughly $1.066 billion. Arkham promptly informed the crypto community via X … Read more
Bankrupt crypto exchange Mt. Gox has shuffled nearly 1,620 Bitcoin through a series of unknown wallets less than two weeks after it did the same with over 24,000 BTC. Go to Source
The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days. Go to Source
Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency struck above $100,000. Go to Source
More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years. Go to Source
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments. Go to Source
Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for … Read more
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for … Read more
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future course. QCP Capital Eyes Bitcoin’s Election-Year Rally Potential In its latest review, QCP … Read more
